The Bernard Foundation
The Bernard Foundation is a private foundation focused on Education, based in Wadsworth, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 6 grants totaling $328K. Net investment income was $490K.
The Bernard Foundation at a glance
In short: The Bernard Foundation gave $328K across 6 grants in 2024 (avg $55K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $327,600
- -9.5% vs 2023
- Grants made (2024)
- 6
- +20.0% vs 2023
- Average grant
- $54,600
- -24.6% vs 2023
- Median grant
- $47,800
- Total assets
- $3,301,361
- +3.5% vs 2023
- Primary geography
- Ohio (80% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Bernard Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Archbishop Hoban High School ($113K). Together the top 5 received $282K.
Organizations only. It also paid 1 grant to individuals ($45,600), which are not listed by name.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 15 grants of 29 (52%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How The Bernard Foundation gives
- Giving grew 38% from 2021 to 2024. Method
- In 2024 it paid out 154% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $237K (2021) to $362K (2023). In 2024 it made 6 grants totaling $328K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Archbishop Hoban High School Akron, OH | For General Operating Needs of the Organization | $112,500 |
| Our Lady of the Elms High School Akron, OH | For General Operating Needs of the Organization | $103,500 |
| The Joseph Fund of Camden Camden, NJ | For General Operating Needs of the Organization | $50,000 |
| 1 grant to individuals Recipients not named | — | $45,600 |
| Holy Cross High School Delran, NJ | For General Operating Needs of the Organization | $13,000 |
| Our Lady of Good Counsel School Moorestown, NJ | For General Operating Needs of the Organization | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,301,361 | $542,914 | $430,566 | $327,600 | 6 | $377,491 | $490,260 | $245,055 |
| 2023 | $3,190,119 | $213,372 | $457,321 | $362,159 | 5 | $408,234 | $169,929 | $228,506 |
| 2022 | $3,434,068 | $425,910 | $426,473 | $328,125 | 5 | $373,954 | $379,854 | $236,260 |
| 2021 | $3,434,631 | $402,658 | $342,968 | $237,125 | 6 | $288,406 | $347,737 | $278,169 |
| 2020 | $3,374,941 | $105,468 | $439,419 | $325,000 | 7 | — | $44,574 | $234,841 |
Under IRS private-foundation payout rules, The Bernard Foundation reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Bernard Foundation is led by Angela Bernard Craig, Executive Director, President & Treasurer since 2021 (on filings since 2020); 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Angela Bernard Craig
Executive Director, President & Treasurer
Executive Director → Executive Director, President & Treasurer, 2021
On filings since 2020
20 hrs/week
$48K (2020) → $48K (2024)
Adam Bernard
Vice President
Vice President & Assistant Treasurer → Vice President, 2021
On filings since 2020
1 hr/week
No compensation reported
Lesley Weigand
Secretary
On filings since 2020
1 hr/week
No compensation reported
Regina A. Dain
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Martin Dain (2020) — Vice President
- Former: Ralph L. Bernard Jr. (2020) — President & Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $48K, to Angela Bernard Craig (Executive Director/President/Treasurer).
Frequently asked questions about The Bernard Foundation
How much does The Bernard Foundation give each year?
The Bernard Foundation gave $328K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $362K across 5 grants.
What is The Bernard Foundation's typical grant size?
The Bernard Foundation's median grant in 2024 was $47,800, and its average grant was $54,600, across 6 grants on its 2024 IRS Form 990-PF.
Where does The Bernard Foundation give grants?
The Bernard Foundation gives mostly in Ohio: 80% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (20%). The most frequent recipient cities were Akron, OH (2 grants).
Does The Bernard Foundation give general operating support?
Yes: 100% of The Bernard Foundation's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Bernard Foundation's largest grantees?
The Bernard Foundation's largest 2024 grantees include Archbishop Hoban High School ($112,500), Our Lady of the Elms High School ($103,500) and The Joseph Fund of Camden ($50,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($45,600), which are not listed by name. Together they received 81% of its itemized 2024 grant dollars.
How large is The Bernard Foundation?
The Bernard Foundation reported $3.3M in total assets on its 2024 IRS Form 990-PF. It paid out $377K in qualifying distributions that year, against a required minimum of $245K (roughly 5% of its investment assets).
What is The Bernard Foundation?
The Bernard Foundation is a private foundation focused on Education, based in Wadsworth, OH. It holds $3.3M in total assets as of 2024.
What is The Bernard Foundation's EIN?
The Bernard Foundation's EIN (Employer Identification Number) is 34-1867382. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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